🇺🇸Just now: U.S. emergency oil reserves have fallen to the lowest level since 1982
Strategic oil reserves currently hold only 283.8 million barrels, down from about 406 million barrels a year ago.
This is less than 40% of its 714 million-barrel capacity.
The decline began in March, when the U.S. released 172 million barrels of oil to limit the damage caused by the Iran war.
Strategic oil reserves currently hold only 283.8 million barrels, down from about 406 million barrels a year ago.
This is less than 40% of its 714 million-barrel capacity.
The decline began in March, when the U.S. released 172 million barrels of oil to limit the damage caused by the Iran war.
